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66-- 101673
<br />1, 1 ondensnstone ih. r „c. . I „i rot "A "I rr .Lem . I,nl, 1, :, dire, ••, ."v ,.: - jI it .. i.nnes n+•n uitn am
<br />1 .nndCrimah<m or tither s :rk,ng M the Pr.,l. :Pty, r,t past Iffttrof, , r roe ;onretan.. a Iecu c.l :onde n,na!ron, ate herrbY as„jpnrd
<br />and shell he paid In 1 ender
<br />In the even! .,f a total .akin!; of the Property the pr•v erd, •.h.o; I•r .hp..i d the wi„s ecnrtrd In Ilia Dccd of 'I tu,t
<br />with the excess, if any, paid to Borrower In the event of a parr..; In4,og ,•' ;tic 1'r„pr,h. Ionic %% Borrower and 1 ender
<br />otherwise agree on writing, !here shall I,e Applsrd to the $Arms scrufed i,v Ilia I fen! ..1 1 rust ru: h prop orrom of the pr „reeds
<br />.n IS equal to that prnitnrtn•n which the amount ot the sums %ci mr.l I•) Ibt% D, ed ,if I Tint vnine,l.atek prior to the dale of
<br />taking hears to the fair market value of the Properly immediately pilot to the il.,lr rd taking wolh the haiance of the pnxccd,
<br />paid to Brrrower
<br />I( Ili. I'•, po ray "I n.lnnrd h,' Il..+i i.,•, r ..r d flee 'wO. c• by I rn•I,
<br />.sir .Iw.ud or ....., n+,•, ofIvr, h, m,,kr
<br />.etik ., 1u Ire . tt•.rr,•we, 1. 1” 1 • nd. '11 lit aft.! lhe
<br />data• such ,ante +•
<br />mailed. I. ender is author,red I.• toflcci and apply the proceeds, a; I critter s option. either to resforation or repair of the
<br />Property or to the sums secured by !hit feed ill Trust
<br />Unless Lender and Borrower otherwise agree In wriiing ens or:h applicainrn of , rocccds ?n i:ltn�Ipal shall riot cslen,:
<br />err postpone the due date of the month;, instailments referred to in pa;agraphs 1 and 2 hercot or change the amount of
<br />such instaflnsenu.
<br />lfl. Borrower Not Released. Fstcns ;on of the time for payment of mndiisauon of amortrrat+nn of the sums ucored
<br />by this Deed of Trust granted by 1 ender in anv successor in interest of Borrower s11311 nor operate to release. in am' manner.
<br />the liability of the original Borrower and Bnrrower's Successors in interest I ender shall not be required to commence
<br />proceedings against such successor or refuse to extend ionic for payment of otherwise model, amnrlizardon of the •um%
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower arid Borrower's successors in m,rresf
<br />Ill. Forbearance by Lender Not a Waiver. Any forbraran:c by Lender in exercising ant right or refrsedy hereunder or
<br />otherwise afforded by arplleahte low, shall not he a waiver of cat preclude the exercise of any such right or remedy
<br />The procurement of Insurance err the pavmrnl of fairs or other bens or thug_ n by Lender shall not be a waiver of Lender's
<br />right to aeceler,de the maturrts of the indebtedness accuttd by the. teed of fruit
<br />12. Rrmedlrs Cumsdalisr. AR remedies provided in this feed of Trust are d,st,ro t :mil cumulanve to anv other right
<br />or remedy under this Decd of frost or afforded by law or equity, and may be exercised concurrently independently of
<br />successively
<br />13. Successors and Astrysrss Bound: Joint and Several Liability; Captions. Thr and agreemrrl: herein
<br />contained shalt hind, and the rights hereunder .hall more to, the re,pccv,vr sussr.snrs and asugm n( 1 rnAer and Borrower
<br />whtect to the provisions of rangrap)r t hcrcnl All covenants and agreements% of Borrower shall he )omt and everal
<br />the captions and headings of the paragraphs of ,nos Deed of ' irusi are for convtmence only and are not to be used to
<br />interpret m Jefine the provisions hereof
<br />it. (Notice. Except for any notice requited under applicable lau fu tic given in another manner. (a) any not+, c It,
<br />Borrower provided for In this Deed of Trust shall be given by mailing such notice by certified mail addressed in Borrower of
<br />the Property Address or at such other address as Borrower may designate by notice to I cnder as provided herein, and
<br />(h) any notice to Lender shall be given by certified mail, return. receipt requested, to tender's address stated herein if fn
<br />such other adeltess as Lender may designate by notice to Borrower as provided herein Any notice provided for in this
<br />Deed of Trust shall he deemed to have been given In Borrower as Lender when given tin the manner designated herein
<br />Trust, Uniform Deed of Trl; Governing La”; SnbMlty. this form of deed of trust comhmei uniform covenarrs for
<br />national use and nomunirorm covenants with limited variations by )uriseliUron to constitute a uniform security instrumcm
<br />covering real property. This Deed of Trust shall he governed by the law of the )urrsdicuon re. which the Property n lncaterJ
<br />In the event that any provision or clause of this Deed of Trust or the Note conflicts with applicable law, such conflict shall
<br />not affect Other pprrovisions of this Deed of Trust or the Note which can he given effect without the conflicting provision
<br />and In this end the provisions of the Dred of Trust and the Note are declared to he &eve ihie
<br />If. Borrowers Copy, ftudrowr, shall be furnished a conformed copy of the Note and of this Deed of Trust at the time
<br />of execution or after recordation hereof
<br />17. TnwiNer of the Property; Assumpebn. If all of any pan of the Pmperly or an inieftst !here +n �s sold or transferred
<br />by Borrower without Lender's prior written consent, excluding tat the ciratron of a bcn or encumbrance subordinate to
<br />this Deed of Trust. fh) the creation of a purchase money srcuriiv Interest for hotiwhoid nppl,arne,. Ic) a oranskr, hs .:rv•sr
<br />descent Or by nperabnn of law ulxm she death of a
<br />-tint tenant or , d l the grime of any icaseh,ild interest of three )tars or iris
<br />not containing an option to purchase. 1.eoder may, at Lender's option, declare all the %ums secured by this feed of Trim to he
<br />smmediately dire and payable 1 ender shall have waived such opl.on 16 Acceferme if• prior k. the sale of transfrr. 1 ender
<br />and the person to whom the Property is in he sold or transferred each agteernenl on u nong that the credit of such person
<br />is salisfavery to Lender and that the interest payable on the sums secured by 'his Deed of Trust shall he at such rate as
<br />Lender shall rrynest If Lender has waived the option to accelerate Provided in this paragraph 17, and if Borrowers asccessm
<br />on interest has executed a written assumption agreement accepted In writing Its Lender. Lender shall release Borrower from
<br />411 obligations under this Neu of Trust and the Note
<br />If Lender exercises such option to accel� rare. 1 ender shall mail Borrower notice of acceierar.on in accordance watt
<br />pangralsh If heroes Such not.ee shall provide a nod of not icss than 30 days from the date the notice is mailed within
<br />which Borrower may pay the sums declared die If Borrower pails in pay such sum% prior In the expiration of such period
<br />Lender may . wrrhotor further notice or demand on Borrower, invoke any remedies permitted by paragraph IN hereof
<br />NnW.I).,rtt Oai,t ( nvr iAmts Borrower and I ender further covenant and agree as folinws
<br />IN. Accelerelion; Mewsdirs. Except to provided in paragraph 17 hereof, upon Borrower's breach of any covenant or
<br />agreement of gortower iN this Ihed of Trisst, Including the covenants In pay when due any sums secured by this Deed
<br />of Trot, lendier prior to acceleration shall mar notice to Morrowcr an provided In paragraph 14 hereof specifying: (f) the
<br />bereek: (21 Ike ertion required to curs such breach; (3) a date, not lest than 30 days from the date the notice Is mailed to
<br />Borrower, by which Ruth breach must be cured; and (4) that fallurt to cure such breach on or before the date sped Bed
<br />Iw eke native met result in occelentlew of the mms secured by this Deed of Triew and safe of the Properly. The notice
<br />AM further inform Borrower of Ike right to refnslNf offer acceleration and the right to bring s Court action to seers
<br />Ilkr noontxWencer of a defwlt or tiny other, drfewu of Borrower to scnlenllon and tile. If flit breach Is not erred
<br />as or before Ike date speNlled In Ike Notice, lewder at ItOndei t option may declare an of the sums secured by this Deed
<br />of Tratsl is be irwwed sly due and payable wlthoN farther demand and may invoit the Poster o' laic and any other remedies
<br />permNsel by apiNCC"k law. Lusder shell be eolitled to colket aN rrstionpMr costs and rsprnses Incurred in pursuing the
<br />renredMs presided in " FOR 1" h 18. Including, bM got Napped tai resrotilile atteraey's fees.
<br />if eM power of sale Y ,"yabed,'Tfuw4cQ ~ record a Natkt of delwit IN each county In which the Property or same,
<br />pwf skre►of k IaeaNd and she" mail toPee of site *alka in Ills mugger proscrillibed by appllcaMe law to Barrewsr and to the
<br />arks► penews prescribed Iky appffiA, low. Aster the isyn of seep lime an may be requited by SW csbk 4w, Trustee shall
<br />ghe •w/bNe wetke of sae N The pemem and ," the manner per.erfbed by appikable paw. Trustee, without demand on
<br />Barn&wer. shall sell l(n Property N POW mwll" M the klghesl bidder at the time end place and under the frying desfgwated
<br />a flit police of salt In ewe M mar* «b and In suck order we Trolre may determine. Trustee may poetpeee Not of all
<br />it* may � - !vapors) b Pg rio ti ly Sol say aligir. at The Ift" and TRIM" of any P"VkM iy uhadsdfd sae, !.ender or
<br />�Slg y I►wehwe 11Ae Pieper$) M any tare.
<br />e *41104 Of Mymapt of NN Poke MR Trwlee Shall deliver to the purchaser Tnuitr's deed ronvtyhig the Prepartv
<br />solt1 rsckbk M /be TrereI'm dead shall be prime face evidence of the Irutk of Ike statements mate then,". Trailer
<br />doubt apply tbs PPeraocceede s/ Ike we M the faMawing arbn (a) to all resaanebe costs and expenses of Ike sale, Including. but
<br />IM MsaNed In. Trwpa's isef of not man than � air the grain sae price, reasonable atlerncy'S tMi food CRISIS of
<br />sire "!dents; lbi la aM surer W"W" by tide Deed of Trawls a ud it) the eaten. M apt, to flat PersloN or IN, irgaNy en/hed
<br />L I""".
<br />N. Mosmov em flight for Retwale. Notwithstanding Lenders acreleral,on sir the sums soured by Ili,% Deed of Trusi
<br />Borrower shill have the right ro half any rroveedings begun by 1_endirt in rnfnrae this 0tird of Tr,sl drrconlmr.ed at
<br />easy time Proof to the White Io occur of it) the Arch day before the sale of the Propenv pontoon, to the Mover of laic contained
<br />tin fRn Deed of iftiat or girt entry of a sudttreseal enforcing Ibis Deed M Truer d pal fior rower pasts I ender all sums which wooed
<br />be risen dare uwAer Ilui Herd of Tnul. IAe Note and notes securing future Advances, .f env. had no set, inn occurred
<br />Ohl Morfovasr ('ties aB branches Of any other covenants or agreements of Norrower contained in this peed cat Trus,
<br />Id Mnnewet pays oat ttsonnablo espenass to0mred by Lender and Tnistec m rnfnrcu,g the ,_veninrs and ,lrrrr,en +s of
<br />Nnernsver cnnrairsed :n ibis Deed of Trusi and in enforcing lencirt s and Tr,rcirr r ie',xdv+ n rr „v•ded n paef e.” to
<br />Merritt irk ;ud. +,g rive rani htn.,ed Io iennnshl- ,u »+nay t rtes &nil ids Hen tic »rr !a4 r+ r.. rah a. ii•, r. as t cnder ma, erali•
<br />rrad unit
<br />n.r la a re snr this :cat' i,rn ,•f This $*sent ,rl rrun tents" R noerru �e it,, Pr.. {,•sir end R. >....,etrl ac,ly urrn n. isr
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